Question

Compute the amount of the trade discount and the net price using the discount method.

List	Trade	Discount	Net
Price	Discount	Amount	Price
$2,672	35%	__________	__________

Group of answer choices

Discount Amount: $935.20; Net Price: $1,736.80

Discount Amount: $295.20; Net Price: $1,344.80

Discount Amount: $158.40; Net Price: $561.60

none of these

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List	Trade	Discount	Net
Price	Discount	Amount	Price
$1,640	18%	__________	__________

Compute the amount of the trade discount and the net price using the discount method

Group of answer choices

Discount Amount: $295.20; Net Price: $1,344.80

Discount Amount: $935.20; Net Price: $1,736.80

Discount Amount: $158.40; Net Price: $561.60

none of these

Answer 1

1. Discount amount = 2672*35% = 935.20 Net price = 2672 - 935.20 = 1736.80 Option A
2. Discount amount = 1640*18% =295.20 Net price = 1640 - 295.20 = 1344.80 Option A